Phillips 66 Market Analyst in Houston, Texas
Phillips 66 & YOU - Together we can fuel the future
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2021.
The Market Analyst provides commodity market fundamentals, short/medium term supply/demand analysis, and trader support for the US supply and trading functions. In addition, this position will support ad hoc requests from Commercial Senior Management, Commercial groups, Chief Economist, Investor Relations, and Downstream.
Responsibilities May Include
Developing a comprehensive understanding of commodity trading, including key supply/demand regions, logistics assets, storage facilities, and financial instruments used to hedge positions in these markets. An understanding of key trading strategies is crucial for success.
Communicating market fundamentals and trading strategies to Commercial leadership and assisting in the development of a market entry plan that defines a profitable business model for establishing a commodity trading desk befitting Commercial’s overall trading strategy.
Understanding key trading positions of commodity trading, at all times and supporting the analytical team’s work to ensure all aspects of a trading position are understood.
Development and maintenance of supply and demand models. This will involve working closely with trading to understand the market and trends, incorporate downtime, seasonal cycles, macroeconomic variables and utilize import/export data to ensure the models are accurate and accepted by trading. Identify market anomalies and communicate to trading on what physical market and forward market changes might occur.
Providing market analytical support for Commercial by using supply and demand modeling and macro-economic data to develop a medium term (6-12 months) view of the market.
Use fundamental and technical data to develop forward global market view predictive models.
Working with third party consultants and brokers to understand and evaluate their views on commodity markets and factor those into development of P66 market view.
Communicating external study results and market views to assist traders with successful implementation of trading tactics.
Understanding and communicating geopolitical and regulatory events/factors which impact price movements.
Leading information gathering process and development of presentation packages as needed.
Sharing knowledge freely and improving peer group understanding of own niche markets.
Leading ad-hoc projects and analysis around market fundamentals (including infrastructure changes) to support trade ideas.
Legally authorized to work in the job posting country
Proficient in Microsoft Excel, Word, and PowerPoint
2 or more years commercial/trading or related experience in the energy industry
Bachelor’s degree in engineering, finance, or economics
4 or more years commercial/trading or related experience in the energy industry
Ability to code in Visual Basic
Proficient in SQL, Tableau, Python, and/or R
Experience in Machine Learning
Knowledge of Commercial trading businesses
An understanding of broader commodity markets (Crude, Gasoline, Distillates, NGLs, Natural Gas) strongly preferred
Knowledge of global commodity trading
High degree of collaborative skills. Ability to develop, lead and actively participate on cross functional teams
Strong willingness and ability to support internal customers in business requirements
High degree of initiative, works proactively to anticipate needs
Excellent written, oral communication, inter-personal and presentation skills
High degree of collaborative skills; ability to develop, lead and actively participate on teams
Ability to manage conflict, influence others and persuade/facilitate resolution
Proficiency with statistical modeling software, database software, and economic model development
Strong communication skills, both verbal and written to ensure clarity and common understanding
Strong analytical, problem solving, and organizational skills
Strong ability to manage multiple projects simultaneously
Capable of gaining consensus and trust across multiple functional areas within and external to Commercial to build a common vision and direction
Ability to adapt to quickly evolving requirements
Ability to synthesize data into useful information and articulate it in an easy-to-understand format
Proactive in problem identification and resolution, can provide creative solutions to complex issues
High degree of ethics, personal drive and dedication to achieve team goals and general interest objectives
To be considered
In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of June 21, 2021 .
Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Phillips 66 is an EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities
Requisition ID: 54262
Location: Texas - Houston
Job Field: Operations
Division : Commercial
Technical Req : No